What journal entries would be passed for the following transactions in case of dissolution of a partnership firm after various assets (other than cash and bank) and third party liabilities have been transferred to Realisation Account :
(i) X one of the partner was responsible for dissolution expenses and for that he was entitled for the commission of Rs. 2,000. Dissolution expenses Rs. 5,000 were paid by the firm.
(ii) An unrecorded computer not appearing in the books of accounts realised Rs.2,200. (iii) A creditor for Rs.1,40,000 accepted building valued at Rs.1,80,000 and paid to the firm Rs. 40,000.
(iv) Loss on realisation Rs. 10,000 was divided between the partners X and Y in the ratio of 3 : 1.
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